My Take: The ES350 has some low MF’s for July. The Residual is fairly low though, so any savings you may have gotten from the low MF is pretty much offset by depreciation. Lets take a ES350 (with Premium Plus & Navi) and see how the numbers look:

• MSRP $40,075
• Invoice $35,366
• Standard Inception Fees
• Using terms in bold for ES350 sedan, see below.

24 month payments: $574 at invoice, $775 at MSRP
36 month payments: $476 at invoice, $611 at MSRP

The more expensive the car, the bigger the range. Clearly, the 36mo terms are better on the ES350. Just be careful if you decide to go with the ES350, there many options on this car and fairly expensive ones, so payments can get out of control very quickly.

2008 Lexus ES350 Sedan
24 Month – Residual 57% of MSRP – .00090 Base Rate
36 Month – Residual 50% of MSRP – .00090 Base Rate
48 Month – Residual 41% of MSRP – .00190 Base Rate
60 Month – Residual 32% of MSRP – .00245 Base Rate

2008 Lexus ES350 Ultra-Luxury Sedan
24 Month – Residual 55% of MSRP – .00090 Base Rate
36 Month – Residual 48% of MSRP – .00090 Base Rate
48 Month – Residual 39% of MSRP – .00090 Base Rate
60 Month – Residual 30% of MSRP – .00245 Base Rate